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182 Ferry St
Newark, NJ 07105
Multifamily Property For Sale
·
5 Units
Property Facts
| No. Units | 5 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 7,938 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1910/2017 |
| Zoning | C-2 - Commercial | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 7,938 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1910/2017 |
| Zoning | C-2 - Commercial |
About 182 FERRY ST , NEWARK, NJ 07105
The subject property is a 3 story brick/stucco building occupied by 1 commercial unit and 4 apartments in an 8,000 SF building. The building is in excellent condition and all of the apartment units have been recently renovated. Each unit pays their own heat/hot water and 3 of the units have individual Laundry washer/dryer hookups. The apartments are very large with an average SF of 1,125 each. There are Two (3Bedroom) and Two (2Bedroom) units. The 1st floor commercial space is occupied by a Dental Practice and has been occupied by the same tenant since 2003, . This street level space has 2 entrances and 130 ft. of Frontage on Ferry and Van Buren St. This space has approximately 2,700 SF of rentable area.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | 950 - 1,000 |
| 3+1 | 2 | - | 1,125 |
Property Taxes
| Parcel Number | 14-01991-0000-00028 | Improvements Assessment | $820,000 |
| Land Assessment | $202,500 | Total Assessment | $1,022,500 |
Property Taxes
Parcel Number
14-01991-0000-00028
Land Assessment
$202,500
Improvements Assessment
$820,000
Total Assessment
$1,022,500
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